Atour Lifestyle Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Atour Lifestyle Holdings has a total shareholder equity of CN¥3.6B and total debt of CN¥252.0M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥9.2B and CN¥5.6B respectively. Atour Lifestyle Holdings's EBIT is CN¥2.4B making its interest coverage ratio -34.8. It has cash and short-term investments of CN¥5.9B.
Key information
7.04%
Debt to equity ratio
CN¥252.00m
Debt
| Interest coverage ratio | -34.8x |
| Cash | CN¥5.88b |
| Equity | CN¥3.58b |
| Total liabilities | CN¥5.59b |
| Total assets | CN¥9.17b |
Recent financial health updates
No updates
Recent updates
Narrative Update • Apr 25
ATAT: Retail Expansion And Buybacks Will Support Upcoming 30 Day Catalyst
Analysts have made a small upward adjustment to their fair value estimate for Atour Lifestyle Holdings to about $49.80, reflecting updated assumptions on discount rate, revenue growth, profit margins, and future P/E after recent research that cited healthy but moderating retail growth and a fresh 30 day upside catalyst watch. Analyst Commentary Bullish Takeaways Bullish analysts point to Q4 revenue that was largely in line with expectations, which they view as supportive of the updated fair value work rather than a reason to mark estimates sharply lower.Narrative Update • Apr 10
ATAT: Retail Expansion And Buybacks Will Drive Upcoming Upside Catalyst
Narrative update Analysts have trimmed their average price target on Atour Lifestyle by $1 to $46, reflecting slightly adjusted P/E and discount rate assumptions. The revised target still points to in-line Q4 revenue, better than expected adjusted EBITDA, and guidance for 25% to 30% retail revenue growth for the coming year.Narrative Update • Mar 27
ATAT: Retail Execution And Share Repurchases Will Support Further Upside
Narrative Update on Atour Lifestyle Holdings The analyst price target for Atour Lifestyle Holdings has been revised slightly lower to $46. This reflects analysts' updated assumptions for somewhat softer revenue growth, a modestly lower profit margin, a slightly reduced discount rate, and a marginally higher future P/E after Q4 results that were roughly in line with expectations.Seeking Alpha • Mar 18
Atour Lifestyle: Hotel Expansion Remains On Track
Summary Atour Lifestyle Holdings Limited again reported strong results for Q4. The manachised hotel growth pipeline remains strong, driving asset light earnings growth for ATAT. ATAT reported record retail revenues as the brand continues to grow in awareness. I believe that ATAT stock is materially undervalued with 60% upside to $58.1. Read the full article on Seeking Alpha
New Narrative • Mar 15
Atour Lifestyle Holdings (ATAT): The "Retail-Hotel" Hybrid and the 2,000-Hotel Goal
Atour Lifestyle Holdings (ATAT) has transformed from a niche hospitality play into a dominant lifestyle ecosystem, closing the March 13, 2026, session at $35.24 USD. Since our last narrative on February 28, the stock has traded in a tight range as I prepare to release my full-year 2025 results on March 17, 2026.Narrative Update • Mar 12
ATAT: Higher Discount Rate And Refined Assumptions Will Support Further Upside
Analysts have slightly increased their price target on Atour Lifestyle Holdings to about $49.67 from roughly $49.61, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E as the basis for the small adjustment. Valuation Changes Fair Value: $49.61 to $49.67, a slight upward adjustment in the modelled valuation.Narrative Update • Feb 25
ATAT: Lower Discount Rate And Stable Margins Will Support Further Upside
Analysts made a slight upward adjustment to their price target for Atour Lifestyle Holdings to $49.61, reflecting minor tweaks to fair value assumptions, the discount rate, and future P/E expectations. Valuation Changes Fair Value: $49.59 to $49.61, a very small upward adjustment in the modeled estimate.Narrative Update • Feb 10
ATAT: Expanded Hotel Network And Sleep Retail May Support Further Upside
Narrative Update The analyst price target for Atour Lifestyle Holdings has moved modestly higher to about $49.59 from $48.88, as analysts factor in recent Q3 beats, raised revenue guidance to about 35% growth, and continued hotel and sleep-focused retail expansion into their slightly higher long term growth and P/E assumptions. Analyst Commentary Recent research on Atour Lifestyle Holdings points to generally constructive sentiment, with analysts highlighting both growth opportunities and execution risks that could influence how the current valuation is viewed.Narrative Update • Jan 27
ATAT: Expanding Hotel Network And Sleep Retail Should Support Future Upside
Narrative Update on Atour Lifestyle Holdings The analyst price target for Atour Lifestyle Holdings has moved higher to US$48.88 from US$47.61, as analysts point to stronger recent revenue and profit metrics, raised revenue guidance of around 35% year over year, and continued hotel and sleep-focused retail expansion as key supports for their updated assumptions. Analyst Commentary Recent research updates give you a clearer view of how the Street is thinking about Atour Lifestyle Holdings, with several analysts lifting price targets and pointing to both opportunity and execution risks.Narrative Update • Jan 08
ATAT: Expanding Hotel And Retail Network Will Support Future Sleep Economy Upside
Narrative Update Overview The analyst price target for Atour Lifestyle Holdings has inched higher to just under US$48, as analysts factor in recent target increases to US$44 to US$45, stronger Q3 revenue and profit figures, higher full year and 2025 revenue guidance at about 35% y/y, and ongoing hotel and sleep focused retail expansion in their assumptions. Analyst Commentary Recent Street research around Atour Lifestyle focuses on its recent operating results, updated guidance, and positioning in China's hotel and sleep related retail markets.Narrative Update • Dec 25
ATAT: Expanding Hotel Network Will Drive Sleep Economy Upside Next Year
Analysts have nudged their price target for Atour Lifestyle Holdings slightly higher to around $47.16 per share from approximately $47.01, citing stronger than expected Q3 revenue and profit growth, raised 2025 revenue guidance, and continued momentum in hotel expansion and sleep focused retail offerings. Analyst Commentary Recent Street research remains broadly constructive on Atour Lifestyle Holdings, with multiple price target increases and fresh initiations underscoring confidence in the company’s growth trajectory and positioning in China’s sleep focused hospitality and retail market.Analysis Article • Dec 22
Is Now An Opportune Moment To Examine Atour Lifestyle Holdings Limited (NASDAQ:ATAT)?
Atour Lifestyle Holdings Limited ( NASDAQ:ATAT ), might not be a large cap stock, but it saw a decent share price...Narrative Update • Dec 11
ATAT: Expanding Hotel Network Will Drive Sleep Economy Upside In 2025
Analysts nudged their blended price target for Atour Lifestyle modestly higher by about $0.45 per share, citing stronger than expected Q3 growth, upgraded revenue guidance of roughly 35% year over year, and continued expansion in both hotel operations and sleep focused retail offerings. Analyst Commentary Analyst commentary around Atour Lifestyle remains overwhelmingly constructive, with recent coverage highlighting robust execution in both hotel operations and the broader sleep economy, alongside raised price targets and guidance upgrades.Analysis Article • Nov 28
Earnings Miss: Atour Lifestyle Holdings Limited Missed EPS By 66% And Analysts Are Revising Their Forecasts
The quarterly results for Atour Lifestyle Holdings Limited ( NASDAQ:ATAT ) were released last week, making it a good...Narrative Update • Nov 27
ATAT: Expanding Hotel Network Will Accelerate Retail Momentum In 2025
Analysts have raised their price target for Atour Lifestyle Holdings from $43.77 to $46.57. This change reflects confidence in the company’s robust revenue growth, margin improvements, and expanding hotel and retail operations.Narrative Update • Nov 09
ATAT: Demand Surge Will Drive Sleep Solutions Brand Momentum in 2025
Analysts have slightly lowered their price target for Atour Lifestyle Holdings from $43.79 to $43.77, as they cite anticipated robust growth in the company's innovative sleep solutions and sustained demand for key product lines. Analyst Commentary Recent street research highlights both positive outlooks and cautionary notes as analysts reassess Atour Lifestyle Holdings' growth trajectory and current valuation.Narrative Update • Oct 26
Sleep Product Demand And Digital Expansion Will Drive Hospitality Momentum In 2025
Analysts have raised their price target for Atour Lifestyle Holdings from $43.09 to $43.79, citing strong demand for the company's sleep products and anticipation of significant growth in gross merchandise volume next year. Analyst Commentary Bullish analysts have expressed renewed confidence in Atour Lifestyle Holdings, reflecting on both the company's current achievements and its potential for further growth.Analysis Article • Oct 10
Here's Why Atour Lifestyle Holdings (NASDAQ:ATAT) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Narrative Update • Sep 20
Chinese Hotel Expansion And Digital Retail Will Drive Hospitality Success
The consensus price target for Atour Lifestyle Holdings has increased, primarily driven by a sharp decline in the forward P/E and a modest improvement in forecast revenue growth, raising the fair value estimate from $42.02 to $43.09. What's in the News Atour Lifestyle Holdings expects full-year 2025 net revenues to increase by 30% over 2024, based on current market conditions and preliminary estimates.Analysis Article • Aug 28
Atour Lifestyle Holdings Limited Just Missed EPS By 66%: Here's What Analysts Think Will Happen Next
Investors in Atour Lifestyle Holdings Limited ( NASDAQ:ATAT ) had a good week, as its shares rose 8.1% to close at...Narrative Update • Aug 28
Chinese Hotel Expansion And Digital Retail Will Drive Hospitality Success
The marked decline in Atour Lifestyle Holdings’ future P/E multiple, despite steady revenue growth expectations, has driven a modest increase in the consensus analyst price target from $40.22 to $41.06. What's in the News Company expects full-year 2025 net revenues to increase by 30% versus 2024, based on preliminary estimates.Analysis Article • Aug 05
At US$34.63, Is It Time To Put Atour Lifestyle Holdings Limited (NASDAQ:ATAT) On Your Watch List?
Atour Lifestyle Holdings Limited ( NASDAQ:ATAT ), is not the largest company out there, but it received a lot of...Analysis Article • Jul 03
Returns on Capital Paint A Bright Future For Atour Lifestyle Holdings (NASDAQ:ATAT)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Seeking Alpha • Jan 29
Atour Lifestyle: An Undervalued, Rapidly Growing Hotel Franchise In China
Summary Atour Lifestyle Holdings Limited is rapidly expanding its manachised hotel network in China. The company is also growing its branded retail sales, adding a new meaningful revenue stream. The manachising business model allows very high-margin revenues through franchising fees, compared to the business model of for example Marriott and Hilton. With rapid revenue growth prospects and potential for margin expansion, Atour's ATAT ADS remains attractively valued. I estimate 58% upside to a fair value of $43.1. Read the full article on Seeking AlphaSeeking Alpha • Nov 25
Atour Lifestyle Holdings: A Growing Business With A Long Runway
Summary Atour Lifestyle Holdings has demonstrated strong growth, with significant revenue increases across its manachised hotels, leased hotels, and retail segments from 2021 to 2023. ATAT's asset-light model, similar to Marriott and Hilton, has enabled rapid expansion, with a 37.9% increase in hotels year-over-year by Q3 2024. The company has consistently raised its 2024 revenue guidance, reflecting strong performance and investor confidence, further boosted by a new generous dividend policy. Despite economic concerns in China, ATAT's diversified revenue streams and undervalued stock present an attractive risk-reward opportunity at the current price. Read the full article on Seeking Alpha
New Narrative • Nov 21
The Exciting Expansion And Upscale Brand Launch Set To Accelerate Growth And Loyalty
Expansion in hotel network and new upscale brand could boost future revenue, occupancy, and RevPAR through increased capacity and strategic positioning.Seeking Alpha • Oct 16
Atour: Where Hospitality Meets Retail
Summary Atour Lifestyle dominates China's upper-midscale hotel market, leveraging its unique manachising model and retail experience to ensure service quality and drive growth. The booming retail segment grew 153% YoY, enhances Atour's competitiveness and mitigates market cyclicality. Atour's valuation shows room for growth, trading at a below-average P/E ratio compared to peers. Read the full article on Seeking AlphaSeeking Alpha • Aug 30
Atour Lifestyle: Beat-And-Raise Quarter Supports A Buy (Rating Upgrade)
Summary Atour Lifestyle's top line and bottom line for the recent quarter beat the consensus estimates by +9.6% and +5.4%, respectively. ATAT is now anticipating a +50% growth in its revenue for FY 2024, which is better than its prior +40% top line expansion guidance. The beat-and-raise quarter for Atour Lifestyle has left me impressed with the company's prospects, and this explains why I have raised the stock's rating to a Buy. Read the full article on Seeking AlphaSeeking Alpha • May 26
Atour Lifestyle: Recent Results Had Both Positive And Negative Takeaways
Summary ATAT's key positives are the favorable revenue growth prospects for its hotel business and retail business. The major negatives for Atour Lifestyle are the lack of clarity pertaining to its future capital return and the sharp increase in its selling and marketing expenses for Q1 2024. I retain my Hold rating for ATAT following an assessment of the company's most recent quarterly disclosures. Read the full article on Seeking AlphaSeeking Alpha • Feb 21
Atour Lifestyle: Mixed Read-Throughs From Lunar New Year Data
Summary The travel industry numbers relating to Mainland China's Lunar New Year holiday offer mixed read-throughs, which point to a murky 2024 outlook for ATAT. Atour Lifestyle's current valuations are in line with that of its peers based on the EV/EBITDA metric. I don't change my existing Hold rating for ATAT stock after analyzing the recent travel industry data and the stock's valuations. Read the full article on Seeking AlphaFinancial Position Analysis
Short Term Liabilities: ATAT's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: ATAT's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: ATAT has more cash than its total debt.
Reducing Debt: ATAT's debt to equity ratio has reduced from 21.5% to 7% over the past 5 years.
Debt Coverage: ATAT's debt is well covered by operating cash flow (790.8%).
Interest Coverage: ATAT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 21:29 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Atour Lifestyle Holdings Limited is covered by 26 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ronald Leung | BofA Global Research |
| Sijie Lin | China International Capital Corporation Limited |
| Joseph Wong | China Merchants Securities (HK) Co., Ltd |